Taiwan's economy grew 0.36 percent year-on-year, as the country emerged from recession. That was below forecasts for 0.91 percent growth during the first quarter. The government forecasts GDP will grow by 3.38 percent this year, below earlier estimates.

Embattled law firm Dewey & LeBoeuf announced over the weekend it has ousted its former chairman and ended merger talks with Greenberg Traurig. Dewey faces a major deadline on Monday to extend a credit line or face potential default.

Economic announcements in the U.S. kick off at 8:30 a.m. with March personal income and outlays. Consensus is for incomes to increase by 0.3 percent, while spending increases 0.4 percent. Follow it live on Money Game >